We to go back to dissect the big tech hearing in the us congres, where Bezos, Pichai, Zuckerberg and Tim Cook were summoned and questioned. The big tech leaders knew very well about two core issues at hand: 1. Antitrust: they are, in essence monopolies of their respective spaces, and that’s why they came prepared with canned responses (it’s why they stated their testimonies with their rags-to-riches stories and underscoring how they are self-made and value entrepreneurship). 2. There are the ever-recurring freedom of speech issues and censorship issues. Big tech wants to maintain the option to pursue their bias and censor, while being treated as platforms.
The US is a great market to be in, if you are an established oligarch, but as the disruptive underdog, not so. We take a look at one of the few companies that have managed to innovate, scale and disrupt, namely Tiktok. Not surprisingly, it looks like it’s going to be banned from US, if it’s not acquired. Do you think Trump should have the right to shut down or force a sale? Take a listen.